The Crypto Custody app, available on both Android and iOS, has been built in-house by our team of security experts and adheres to the highest institutional-grade certification standards expected from a regulated custodian.

The mobile authenticator app allows clients to review and approve all transactions inside their Crypto Custody portal accounts. This adds an additional layer of security each time clients interact with their crypto, providing further peace of mind over the safety of their assets. More security is paramount at a time when phishing attempts, SIM swaps, and other opportunistic tactics used by hackers continue to rise with crypto adoption. 

In a sector witnessing rapid growth and an acceleration of retail and institutional users, the integrity of crypto custody security solutions has never been so critical. With almost 300 million users at the end of 2021 (and many analysts predicting that number to grow to as much as 1 billion by the end of 2022), rising adoption opens the door to even further crypto crime. In fact, according to a recent report by Chainalysis, revenue from cryptocurrency scams rose by a staggering 81% in 2021, underscoring the need for vigilance at all times.

Crypto Custody’s mobile authenticator app has been built using FIPS140-2 validated hardware security modules (HSMs) and complements our institutional-grade wallets that are Cyber Essentials Plus accredited (a Ministry of Defense designed accreditation) and ISO27001 certified. Both our warm solution Helios and cold solution Kelvin have been penetration tested to CREST standards of certification required by traditional finance.

The Most Secure Crypto Custody Solutions for Our Clients

The launch of our new mobile authenticator app highlights Crypto Custody’s continued commitment to providing the most secure and robust crypto custodial solutions on the market that meet the exacting requirements of institutional investors. Nasdaq-listed and held accountable to the US regulatory body Securities & Exchange Commission (SEC), clients can trust in the quality and durability of all our products. 

This latest addition to our industry-leading suite of crypto custody solutions comes shortly after Crypto Custody became the first independent digital asset custodian to receive approval from the UK Financial Conduct Authority (FCA) to register as a custodian wallet provider under the UK’s stringent anti-money laundering laws.

“As the first standalone FCA registered digital asset custodian, Crypto Custody is razor-focused on providing clients with the highest possible levels of security assurance. Clients can now benefit from an additional layer of protection by using their mobiles for secondary approval of transactions, within the security of Crypto Custody’s mobile authenticator app,” said CEO of Crypto Custody . 

As with all elements of the Crypto Custody platform, security is absolutely paramount. Crypto assets are becoming increasingly popular as investable assets with institutional investors and corporate treasurers. Crypto Custody is experiencing an unprecedented demand for robust, regulated, and secure solutions that investors are accustomed to in traditional markets.

To start using the mobile authenticator app, download it from the Apple App Store or the Google Play Store and then email support@portal.cryptocustody.com so that we can link the app to your Crypto Custody custody account. Watch this space for more developments coming up this year.